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Sony Charging Devs At Least $25,000 For PlayStation Store Visibility
30.6.2021
In a furious tirade on Twitter, independent games publisher Iain Garner of Neon Doctrine has unleashed his frustrations with trying to publish games on a major games console—one he says that isn’t made by Microsoft. During the spleen-venting, he suggests that getting prominent promotion for a game...
British Bank Natwest Imposes Daily Limit on Transfers to Cryptocurrency Exchanges Over Fraud Concerns
30.6.2021
A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms. Natwest says the two moves are necessary to protect customers....
Relite Finance Now on Reef Chain to Power Cross-Chain Liquidity
30.6.2021
To grow its ecosystem, Reef Finance is soon going to integrate Relite Finance into its network. The official announcement in this regard has just been made by Reef Finance. The primary benefit of this integration will manifest in terms of wider access to facilities that users of Reef Finance will...
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System
30.6.2021
Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial system. The central bank of Mexico, the finance...
Ark Invest Files for a Bitcoin ETF
29.6.2021
Ark Invest, the investment company founded by Cathie Wood, filed for approval to offer a Bitcoin ETF yesterday. 21Shares, an investment firm with experience launching related products in Europe, will help Ark to launch the product. Ark Invest is the latest of several funds showing interest...
Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG
29.6.2021
On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody...
Shield Finance Enters a Strategic Partnership With BSClaunch
29.6.2021
Striking a strategic partnership in cryptocurrency and blockchain domains is very important for the widespread adoption of these new-age technologies. Announcing one such relevant partnership, Shield Finance has joined hands with BSClaunch. This partnership will enable the BSClaunch to protect...
Deutsche Boerse acquires majority ownership of Crypto Finance AG
29.6.2021
The German stock exchange operator plans to expand its regulated crypto-asset ecosystem across the European market
Reef Finance Integrates NFTify on its Blockchain Platform
29.6.2021
In an important collaboration, Reef Finance integrated NFTify on its blockchain ecosystem, Reef Chain. This will pave the way for NFT stores on NFTify to create the store on the blockchain ecosystem of Reef. In other words, this coming together will open up a new world of possibilities as DeFi...
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
28.6.2021
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price...
Iron Finance bank run stings investors — A lesson for all stablecoins?
28.6.2021
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization
Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
28.6.2021
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening...
Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
28.6.2021
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on...
Open Banking and DeFi: The Next Big Thing in Finance
28.6.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
From the grain loans of ancient cities like Assyria and Babylonia to the lenders of the ancient Greek and the Roman empires, the evolution of banking services has been intricate and gradual. Like...
Crypto Industry Will Benefit From Tighter Regulation, Says Law Professor
28.6.2021
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world. Tight...
CME Group’s Micro Bitcoin Futures Reach 1 Million Contracts Traded
27.6.2021
CME Group’s(Chicago Mercantile Exchange) micro-bitcoin futures have already traded more than one million contracts. This instrument allows institutions and retail traders to invest in the crypto asset at a lower price point of 0.1 bitcoin. The contract has only been available for seven weeks...
Cryptocurrency Firms Face a Talent Shortage as the Space Grows Crowded
26.6.2021
Cryptocurrency companies and exchanges are currently facing significant hurdles when recruiting talent. This is because the crypto space is growing at an alarming rate. Traditional finance companies entering the scene seem to be making the talent squeeze even more dire. There are hundreds...
The future of finance is DeFi intelligence
26.6.2021
DeFi and AI coupled together would significantly improve financial services and unlock a new level of innovation
Palestinians Ponder Digital Currency as Move for Monetary Independence
26.6.2021
The Palestine Monetary Authority is exploring the possibility of issuing its own digital currency. For Palestinians, the minting of a national coin would represent a step, at least a symbolic one, towards achieving monetary independence from the State of Israel. Digital Currency to Help...